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USDSEK 30 Nov 2023

USDSEK 30 Nov 2023 on Daily timeframe. It can be seen that this pair has continued to experience a decline in price since the end of last month after touching the resistance line. It fell and weakened from the price position of 11.17703 until now this pair is at the price position of 10.36220 after trying to initiate bullishness. Seen on the stochastic indicator, there has been no significant change in the graph displayed. However, the bullish trend can continue because the market is in a saturated condition due to oversold. If the bullishness continues, then going long could be an option for traders. However, if this pair fails to continue the bullish trend and weakens again, then going short is an option.

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